Rent Your Vacation Home or Condo in Las Vegas, Nevada

As a short-term rental property owner, you should consider the following positive trends in Las Vegas for renting out your home as a short-term rental property: One of the biggest advantages to short-term vacation rentals is that they are different from other residential properties. People looking to rent out their homes are typically looking to part with them for a week or two, and not years. This makes them more attractive to potential renters looking for something different. Another advantage is that short-term rental properties are more likely to be well-maintained, which speaks well to the homeowner's pride in the property. Another positive trend is that there are now more owners willing to rent out their homes in Las Vegas, which further shows that the market is strong. Finally, short-term rental properties can be an excellent way to generate extra income if you're looking for something flexible and financially rewarding.

When partnering with RedAwning for your property management needs, we can make sure your Las Vegas rental is set up correctly and ready to generate the most amount of revenue possible per stay.

Current Vacation Rental Trends in Las Vegas

During the month of September, North Las Vegas, for example, is projected to generate over $285/night for a 3 bedroom vacation rental, on average! There were 559 vacation active rental properties in Las Vegas.  416 are renting the entire place, and 143 are shared rooms.  On average, during the month of September 2022, each vacation rental property in North Las Vegas is booked 66% of the time, and most hosts are projected to generate $4,219 or more during the month of September! Is your home in Las Vegas, or another neighborhood in Las Vegas, Nevada? See how much you could earn with your Las Vegas vacation rental.
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$285.00 Per Night*

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65% Occupied*

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$4,219.00 Per Month*

* Based on the median average of all vacation rentals in the Las Vegas area.
Get a free estimate for your home or condo.

Featured Las Vegas Vacation Rental Generating Record Profits With RedAwning

Las Vegas Elegance! Pool Table & Sparkling Pool! Starting at $249 to $950 per night!

Welcome to Las Vegas! This awesome 3 bedroom, 3 bathroom home in Las Vegas is the perfect luxurious getaway just miles from all the excitement of the Las Vegas Strip, UNLV and Las Vegas airport. Make yourself at home and enjoy a gourmet kitchen, pool table, sparkling swimming pool in the backyard and more! You are going to have a great time here!

Fun in the sun awaits you in this 2,027 square feet newly upgraded Vegas home! Featuring 3 bedrooms and 3 baths located minutes from the... Read More

This Las Vegas vacation home is presented on every travel website, where travelers are looking to book accommodations (Airbnb, VRBO, Expedia, Google Travel, and hundreds more). And, with RedAwning's dynamic pricing, daily rates are adjusted based on seasonality and demand in Las Vegas.

Successful short-term vacation rentals in Las Vegas, Nevada

Las Vegas is enjoying a major economic boom, and short-term rentals are becoming more popular as an affordable alternative to hotels. These are great options for those looking to make some extra money or for visitors who want to experience the city’s unique culture. There are a number of rental options in Las Vegas, including Airbnb and VRBO, as well as hotels that offer short-term rentals. Here are some positive trends in short-term vacation rental: There is demand for short-term rentals in Las Vegas, with occupancy rates of 12% in 2017. This is a big increase from 2015 when occupancy rates were only 6%. Short-term vacation rentals can help reduce strain on the housing market. These properties tend to be smaller and cheaper than traditional hotels, which means they can attract different kinds of visitors. Many homeowners see short-term rental income as another way to make their home more attractive. They can repaint the exterior or install new furniture, giving them a chance to show off their best side to potential buyers.

Positive vacation rental trends in Las Vegas, Nevada when you considering renting out your Las Vegas home as a short-term rental include: The popularity of short-term rental services has been on the rise since they began in the late 2000s. More homeowners are choosing to rent out their houses and apartments around the holidays, spring break, and summer months due to the increase in demand for short-term rentals. Renting out your house is a great way to make extra money during slow months. And it’s also a great way to give back to the community by helping people pay for their housing during these times. It’s also a great way to meet new people!

RedAwning takes the guess-work out of Las Vegas property management, and we work with you to ensure your Las Vegas short-term rental is set up perfectly to attract guests and maximize your rental revenue, from day-one.

See how much your Las Vegas vacation rental could earn:

Revenue Projections for Vacation Rentals in North Las Vegas/Las Vegas, Nevada during October, 2022

Based on a 3 bedroom, which is the most common Las Vegas vacation rental home size, we've come up with an estimated rental amount you could charge per night and how much demand there is for each day in October. Higher bars below can command higher prices, if your Las Vegas vacation rental is available during these days.
 
$30677%1st
 
$21875%2nd
 
$20372%3rd
 
$20372%4th
 
$20373%5th
 
$21175%6th
 
$31479%7th
 
$32881%8th
 
$22175%9th
 
$20973%10th
 
$20773%11th
 
$20973%12th
 
$21875%13th
 
$30977%14th
 
$31776%15th
 
$23076%16th
 
$20973%17th
 
$20973%18th
 
$21173%19th
 
$23776%20th
 
$39782%21st
 
$40883%22nd
 
$26279%23rd
 
$22575%24th
 
$20773%25th
 
$20873%26th
 
$22175%27th
 
$37679%28th
 
$38680%29th
 
$24876%30th
 
$22173%31st
 

Average Daily Price & Percent Occupied Next Month In Las Vegas

Note: These averages are based on a 3 bedroom home in North Las Vegas. If you'd like to find out how much revenue your home could make by providing the number of bedrooms and specifics about your vacation rental, please try our  free vacation rental calculator and/or speak with one of our vacation rental experts about your vacation home, condo or unique vacation rental experience.

Interested in learning how you can maximize your vacation rental revenue in Las Vegas, Nevada?

If you are a speculative home buyer or have another home in Nevada, check out our other Nevada Vacation Rental Management reports in Carson CityRenoIncline Village,  and Stateline, Nevada or view all of our vacation rental market reports

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